Half Year 2023 Fnac Darty SA Earnings Call Transcript

Jul 27, 2023 / 04:00PM GMT
Operator

Hello. Welcome to the conference for the presentation of the half year results of Fnac Darty. Enrique Martinez, Director General; and Jean-Brieuc Le Tinier, CFO, will be speaking during this call. Gentlemen, the floor is yours.

Enrique Martinez - Fnac Darty SA - CEO & Director

Hello. Thank you, everyone. Thank you for being with us for the presentation of our half year results. I know that the week was tough, so I'll skip through the essential. I want to first express my support to the stores that had to face riots and the consequences. And most of our stores have reopened. Only 1 is still closed. And we have 3 reasons for satisfaction.

We've been resilient in our sales in spite of the (inaudible). We've improved our gross margin thanks to our multichannel strategy and [based] on value creation and service. Can I have a second slide? Activities during this semester and then Jean-Brieuc will tell us about the financial aspect, and then we'll have time for questions after conclusion.

As you know, the household confidence has dropped after

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